£411,546
This estimated value is based upon the latest sale price for the house of £400,000 on 26 Jul 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £400,000 | 26 Jul 2023 |
| £240,000 | 23 Mar 2010 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 946 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOMERSET to estimate the market value.
When this house was purchased in July 2023 the House Price Index for SOMERSET was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £400,000 results in an estimated price of approximately £411,546.
| 26 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £400,000 | £11,546 | £411,546 |
The Postcode Pricing Model uses changes in average sales price within the TA1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 31.213 % | £124,851 | £524,851 |
| 3 Month Average | -0.405 % | £-1,620 | £398,379 |
| 6 Month Average | -6.315 % | £-25,260 | £374,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £252,190 | £250,000 | 64 SHERFORD ROAD |
| 18 Mar 2024 | £208,199 | £205,000 | 58 SHERFORD ROAD |
| 6 Mar 2024 | £285,385 | £281,000 | 6 MARSTON CLOSE |
| 1 Dec 2023 | £278,560 | £270,000 | 36 SHERFORD ROAD |
| 12 Oct 2023 | £388,831 | £380,000 | 1 CUTLIFF CLOSE |
This house has a floor area of 87 sq meters or 946 sq feet when measured on 20 Jul 2009.
The average size of a house on PIKES CRESCENT is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chelwood Drive |
| Jul 2024 | Anti-social behaviour | On or near Chelwood Drive | |
| Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Hinton Drive |
| May 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Highlands |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchill Way |